ServiceNow completed the acquisition of Moveworks for $2.85bn.

ServiceNow, the AI platform for business transformation, completed the acquisition of Moveworks, an American artificial intelligence company, for $2.85bn. “Moveworks was founded to make work effortless, building a powerful AI assistant platform that gets work done. By joining ServiceNow, we can now scale this agentic strategy for any organization by connecting our AI Assistant and enterprise search, powered by our Reasoning Engine, with ServiceNow’s trusted workflow automation and AI governance. Together, we’ll deliver secure, fast, end-to-end resolution for employees everywhere,” Bhavin Shah, Moveworks CEO.